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Do you know a community that might like a new newspaper?
Fillmore, Nick http://nickfillmore.blogspot.ca/2017/08/do-you-know-community-that-might-like.html
Publisher: A Different Point of View Date Written: 08/08/2017 Year Published: 2017 Resource Type: Article
At least 171 media organizations in 138 communities closed between 2008 and this January [2017]. However, Canadian communities still should be able to have reliable newspapers. They need to explore creating community-controlled not-for-profit papers.
Abstract: -
Excerpt:
Canadian communities still should be able to have reliable newspapers. They need to explore creating community-controlled not-for-profit papers. ...
Non-profit newspapers have financial advantages over for-profit papers. A commercial paper is expected to churn out at least 15 per cent profits or investors will take their money elsewhere. Business executives at corporations command salaries into the hundreds-of-thousands of dollars. The manager of a non-profit might earn $90,000. Ad sales staff at daily papers earn a large salary; not so at a non-profit. A for-profit paper pays taxes. A non-profit pays few taxes and can engage in fundraising activities. ...
Locally owned non-profit papers command the loyalty of people because they embrace and reflect all aspects of a community.
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